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Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. Distribution Channels The wealth management landscape consists of a range of distribution channels, ranging from high touch (i.e.,

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The Importance of Investing in Employee Development During Tough Economic Times

Clarity Consultants

Employing a team of strong workers can help you get through these unknown times, which is why investing in employee development is crucial. Learning new skills and competencies is the bread and butter of a learning and development program. The more training you offer, the more efficient and effective employees are in a role.

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Inside the Mind of a Leader: A Talk with Former US Bank VP Bob Erickson

Leadership Vision Consulting

Leadership Development often takes a one-size-fits-all approach, overlooking individual nuances. Traditional training, like conferences and generic courses, misses the mark. The post Inside the Mind of a Leader: A Talk with Former US Bank VP Bob Erickson appeared first on Leadership Vision.

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Management Consulting versus Investment Banking

Management Consulted

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

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Is AI the Solution for the Banking Sector? (Part 2: Solution)

Tom Spencer

Before we dive into why AI is the solution for the banking sector, let’s first explore what big tech companies have in common, how many of them have grown successfully, and what banks can learn. Usage of AI in the Banking Sector. Table 1: AI applications across Canadian and US banks (Source: Financial Post, Techemergence).

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Human Resources Management – How to Get Started

Tom Spencer

Especially if you join a class structure, such as an “analyst class”, the recruiting team may also be responsible for onboarding and training. The goal of compensation teams is to develop competitive compensation packages to recruit and retain strong talent. Learning and Development. Compensation.

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The Ups and Downs of a Career in Consulting

Tom Spencer

Consulting accelerates growth for ambitious careerists The learning and development opportunities afforded at MBB (the affectionate initialism given to McKinsey, Bain, and BCG) are pretty insane. The best part about this is that the intense training and growth at MBB is recognized by most corporate firms globally.